Himalaya Food International Ltd — Updates, 21-07-2025: Company Update

Himalaya Food International has successfully completed its Rights Issue, offering 2,89,36,442 equity shares at ₹13.80 per share, with an issue ratio of one share for every two held. The promoter group demonstrated strong commitment by subscribing to their full entitlement plus additional shares, contributing a total of ₹20.51 Cr. The capital raised will be used to complete One-Time Settlement obligations with lenders, modernize critical infrastructure, and inject working capital. This strategic funding is crucial for the company's turnaround, aiming to restore operational viability, protect employment, and reignite exports and revenues.